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Traders were up in arms, fearing huge job loss if Walmart was to enter.
The company plans to set up Wi-Fi spots in hotels, retail cafes, airports, stadiums, malls and government and education complexes.
India VIX has been mirroring the CBOE Volatility Index.
Snapdeal chief executive officer Kunal Bahl said Piramal's investment was a significant endorsement for the firm and the transformation the company has undergone over the last couple of years.
Recent data from market analytics firm Nielsen shows that the rural market in the country's 630,000-odd villages is pulling down the overall FMCG business.
The fixed line broadband will offer "ultra high-definition entertainment on large screen TVs, multi-party video conferencing from your living room, voice-activated virtual assistants, virtual reality gaming, digital shopping, immersive experiences," Ambani said.
His presence matters more than the money he brings.
While investment activity jumped three to four times this year over last year for e-commerce, it has shown marginal growth (five per cent) in the case of consumer and retail
It currently has invested in 35 locations, some of which border on a luxury level format and are large at 2,500 square feet.
The electric vehicle evolution in India's passenger vehicle market has remained frozen in time and may see limited adoption over the next decade, experts say.
Discount chain to expand to the east and west, continue with third-party brands.
Google will be able to co-relate data from the first click to the final delivery of product. This kind of knowledge is invaluable, something which even Amazon does not have.
The sector will start making operating profits by 2020.
While such buying could indicate confidence in the business, investors should do a comprehensive evaluation before getting into the stock.
A sharp decline in sales and prospects of a grim future have resulted in a fall in jewellery stocks.
'The news about the new virus strain in the UK provided them with an opportunity to take money off the table.'
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
C S Ghosh, founder of Bandhan Bank, believes his unique business model is not comparable to any financial institution in India -- neither small finance banks, nor big private sector banks -- and hence the valuations are justified.
In two months, the lender has disbursed about 25,000 car loans
If you missed the primary market bus but still want to invest in Sovereign Gold Bonds, then feel lucky.
Three years after launching Big Bazaar Direct, Future group CEO Kishore Biyani's enthusiasm for online ventures has been tempered by growth concerns
'This is the first time we will see how SIP investors react to market correction.'
Buoyed by the success in a tiny but exclusive market, Lamborghini India, which operates dealerships in Mumbai, New Delhi and Bengaluru, is going to roll out another two, in Kolkata and Chennai, in the near future.
In the concluding article of a six-part series, Business Standard visits Ludhiana, one of the largest industrial towns in Punjab, to assess the effect of demonetisation.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
While global uncertainty has led to a rise in prices in 2016, there is still a lot of doubt regarding its future.
Nirmala Sitharaman's maiden Budget has not disappointed but vision and details, particularly for the revival of agriculture, are missing.
Consequences of China's efforts to stabilise its equity markets after three weeks of declines, which wiped out some 30 per cent of the value is far more importance to the world, says Clyde Russell.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Flipkart eyes another $500 mn from eBay, which seeks to merge India ops with it and exit business
In a filing with the US Security and Exchange Commission on Friday, Walmart said it would allow the initial public offering of Flipkart in four years at a valuation no less than what it invested in the e-commerce firm, if a grouping of minority shareholders asks for it.
'The Chinese outdid them in the price game and turned the competitive dynamics at the lower end of the handset market from price to value.'
'We are offering one year of free music and three months of free movies to a million users through MIUI8.'
Together, the top 10 business groups reported a pre-tax loss of Rs 19,342 crore during the January-March 2020 quarter, as against a profit before tax of around Rs 48,500 crore in the year-ago period and Rs 39,600 crore during the December quarter. While Vedanta was the worst hit. others included Aditya Birla, Bharti, Adani, Mahindra, and Tata.
Patanjali doesn't employ any fancy managers with MBA degrees.
The lockdown that crippled the entire logistics, delivery and supply chain network to near zero, was enough to deal a body blow to India's fastest growing unicorn whose very business model saw a severe disruption, like several other firms and sectors.
Kerala's tax authorities are also reviewing other e-commerce companies for similar discrepancies, and might fine more defaulters.
Leasing activities of office and retail spaces would not be affected much.
MySmartPrice has been growing about 100 per cent a year and is profitable.
With the demand for lower costs in process driven activities and a move away from the high rate, billable hours of legal services, AI platforms are being used internationally in many legal tasks.
